Major agreements on key oil and gas projects of Uzbekistan were signed
Signing of major agreements in the oil and gas sector of Uzbekistan was held on 6 April 2021. Between the Ministries of energy, Finance of the Republic of Uzbekistan, JSC “Uztransgaz” and VEB.RF, “Gazprombank” and JSC “EKSAR” signed a memorandum on mutual understanding on the organization of financing of the project “Modernization of gas transportation system”.
A leading Russian law firms rating directory Pravo-300 released the results of its first ever research of legal markets of CIS countries. The main goal of Pravo-300 International is to provide an overview of the regional legal market, identify main players and help Russia law firms find reliable partners for projects in the local jurisdictions.
"Moldovagaz" through its subsidiary "Transavtogaz" will continue to develop its presence on the gas motor fuel market of Moldova
"Moldovagaz" through its subsidiary "Transavtogaz" will continue to develop its presence on the gas motor fuel market of Moldova by modernizing a number of existing compressor stations and building new ones.
O`ztashqineftgaz will be privatized through negotiated auction
JSC “O`ztashqineftgaz” which is subdivision of JSC “Uzbekneftegaz” has put on sale a package of controlling shares of the state share in the amount of 51% through the negotiation auction.
Shah Deniz begins gas deliveries to Europe
On 31st December 2020, the Shah Deniz consortium announced commencement of commercial gas deliveries to Europe from the Shah Deniz gas field in the Caspian Sea offshore Azerbaijan via the newly completed Southern Gas Corridor (SGC) pipeline system.
Azerbaijani Tariff Council changes retail prices for some goods, services
The Tariff Council of the Republic of Azerbaijan held its regular meeting on January 4, 2021.The State Oil Company (SOCAR) has approached the Council with a proposal to raise retail prices for natural gas, AI-92 gasoline and diesel fuel.
GRATA International held a joint webinar with BestProfi IS
On December 28, 2020 Shaimerden Chikanayev, Partner of GRATA International spoke on the topic: 'Gas market reform in Kazakhstan: main problems and legal aspects'.
In the recently released Chambers Asia-Pacific 2021 Guide, GRATA International was as one of the leading firms in the region with ranked offices in Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan.
The Ministry of Economic Development of the Russian Federation plans to grant a residence permit to foreign citizens who are investing in Russian business. This bill is aimed at simplifying the stay of investors in the country.
The procedure for licensing activities in the field of atomic energy has been determined in Uzbekistan
On October 28, 2020, the Cabinet of Ministers adopted Resolution No.663 “On Approval of the Regulation on the Procedure for Licensing Activities in the Field of Atomic Energy Use” (the “Resolution No.663”).
The team of GRATA International was ranked among the best firms in Kazakhstan and placed in the highest tiers - "outstanding" and "recommended".